Grants and Contributions:
Title:
Phase 3 Lumber Inspection and Glulam Expansion
Agreement Number:
IFIT23_E5CIP
Agreement Value:
$4,000,000.00
Agreement Date:
Feb 18, 2025 - Mar 31, 2028
Description:
This project will install innovative technology in a forest products facility in Canada.
Organization:
Natural Resources Canada
Expected Results:
The expected results will increase competitiveness and economic sustainability (jobs created, jobs secured, new revenues streams for companies, diversification of product portfolios).
Location:
ST. THOMAS, Ontario, CA N5P0B6
Reference Number:
115-2024-2025-Q4-16789
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
For-profit organization
Additional Information:
Grant or contribution awarded and spanning more than one fiscal year.
Recipient's Operating Name:
Element5 LP
Recipient's Legal Name:
ELEMENT5 LP
Program:
Contributions in support of Investments in the Forest Industry Transformation Program
Program Purpose:
The objective of Investments in Forest Industry Transformation is to support forest industry transformation that will make the forest industry more commercially and environmentally more sustainable by investing in innovative technologies that lead to a more diversified, higher-value product mix including bioenergy, biomaterials, biochemicals, and next generation building products.